CAMBRIDGE, ON—Toyota is planning to invest more than $100 million in assembly plant here to increase production of the Lexus RX. The automaker also plans to hire an additional 400 workers.
ADELAIDE, Australia—Police have arrested seven autoworkers for allegedly stealing engines and transmissions worth some $2 million from Holden’s assembly plant here. Police say 140 V8 engines and 175 heavy duty transmissions are believed to have been stolen between January 2010 and this year.
AKRON, OH—Goodyear researchers have found that using soybean oil in tires can potentially increase tread life by 10 percent and reduce the tiremaker’s use of petroleum by up to 7 million gallons each year.
BOULDER, CO—Global sales of light-duty natural gas vehicles are expected to reach 25.4 million units during the next seven years, according to a new report.
MEXICO CITY—GM is planning to invest $420 million in its Mexican assembly plants to build the Chevrolet Trax, new pick-up trucks and a new transmission.